Explorer

Regret Not Being Able To Reward Employees Better: Infosys Founder Narayana Murthy

He added that he should have considered it "very carefully," noting, "Those exceptional individuals would have also benefited"

Infosys founder Narayana Murthy expressed remorse for not adequately rewarding many of the company's early employees as much as the cofounders. Murthy acknowledged their substantial contributions to the company's success. “There were several extremely smart early adopters of Infosys whom I could not award the kind of stock I gave to my cofounders. Their contribution was more or as much as mine. I only wish I had thought about it very carefully, and those extraordinary people also benefited,” Murthy said while answering questions following his book launch.

He added that he should have considered it "very carefully," noting, "Those exceptional individuals would have also benefited." Murthy also highlighted that during his tenure at Infosys, everyone's perspectives were taken into account before making decisions.

However, he noted that the challenge with democracy is that it doesn't always yield the best outcomes. "Infosys could have achieved much more than it did because we had established an enlightened democracy," he remarked when questioned about his life's regrets.

The former chairman of Infosys spoke during an interaction with media on Saturday, coinciding with the celebration of his anniversary and the launch of a book, alongside his wife and Infosys Foundation Founder and Chairperson Sudha Murty.

Last month, Murthy expressed regret over not allowing his wife, Sudha Murty, to join Infosys, now a tech giant. Sudha Murty gave her husband the initial seed capital of Rs 10,000 to establish Infosys.

Sudha Murty, an author who recently received the Padma Bhushan, India's third-highest civilian award, mentioned that she felt regretful for 2-3 years for not joining Infosys. However, she later moved on to establish the Infosys Foundation to engage in social work, following the advice of her daughter, Akshata Murty.

Recently, Murthy was in the headlines for his comments on how Indian youth should work for 70 hours a week to help India's economy move forward.

Also Read: TCS COO Says Remote Work Can’t Help An Organisation Build A Great Culture: Report

Top Headlines

8th Pay Commission: Radical Proposal Pushes Salary Hikes Beyond 400% Mark
8th Pay Commission: Radical Proposal Pushes Salary Hikes Beyond 400% Mark
Rupee, Oil And Yuan: The New Global Forces Every Indian Investor Must Track
India’s Weak Rupee Problem: The Hidden Economic Risks Investors Must Watch
From SIPs To Asset Allocation: Top Investing Lessons From FY26 Market Volatility
How To Build Wealth During Market Corrections: Expert Explains Winning Strategy
India’s Wealth Story: Billionaire Count To Hit 313 By 2031, Growth To Outpace China, US
India’s Wealth Story: Billionaire Count To Hit 313 By 2031, Growth To Outpace China, US

Videos

Kerala: ED raid sparks clash in Thiruvananthapuram, vehicles attacked, police injured
Breaking: Mumbai Goregaon Society Row Over Cattle Sacrifice Setup Sparks Political Protest
BREAKING: Mumbai Goregaon society faces row over cattle sacrifice permission, BJP protests reported
Breaking: Rahul Gandhi Questions CBSE Evaluation Contract, Targets Govt Over Student Future
Karnataka Power Shift: DK Shivakumar Likely to Replace Siddaramaiah as CM

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget